| For example, let us assume the following for company XYZ | ||
| 2007 | 2008 | |
| Accts Rec | 20 | 30 |
| Inventories | 70 | 90 |
| Accts Pay | 60 | 100 |
Change in NonCash WC = - ChginRec - ChginInv + ChginPay
= -(30-20) - (90-70) + (100 - 60)
= -10 - 20 + 40
= -30 + 40
= 10
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